Question
In: Math
Assume Monthly Advertising Expenditure is the independent variable. Store Monthly Profit Monthly Advertising expenditure A1 $13,593.02...
Assume Monthly Advertising Expenditure is the independent variable.
|
Store |
Monthly Profit |
Monthly Advertising expenditure |
|
A1 |
$13,593.02 |
$1,710.00 |
|
A2 |
$23,896.73 |
$1,983.00 |
|
A3 |
$9,932.64 |
$952.00 |
|
A4 |
$9,100.41 |
$1,009.00 |
|
A5 |
$15,220.08 |
$2,315.00 |
|
A6 |
$33,900.67 |
$2,197.00 |
|
A7 |
$6,935.36 |
$934.00 |
|
A8 |
$10,112.62 |
$2,375.00 |
|
A9 |
$9,155.14 |
$1,065.00 |
|
A10 |
$8,513.94 |
$812.00 |
|
A11 |
$7,933.25 |
$1,052.00 |
|
A12 |
$11,388.13 |
$2,234.00 |
|
A13 |
$26,299.72 |
$2,962.00 |
|
A14 |
$21,423.87 |
$1,699.00 |
|
A15 |
$21,430.21 |
$1,991.00 |
|
A16 |
$19,984.96 |
$2,181.00 |
|
A17 |
$11,575.09 |
$1,831.00 |
|
A18 |
$18,900.44 |
$1,819.00 |
|
A19 |
$21,815.24 |
$2,394.00 |
|
A20 |
$35,642.73 |
$2,296.00 |
What is the sum of squares total value?
Solutions
Expert Solution
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SST or sum of squares Total is marked in yellow.
milcah answered 2 years agoRelated Solutions
Store Monthly Profit Monthly Advertising expenditure A1 $13,593.02 $1,710.00 A2 $23,896.73 $1,983.00 A3 $9,932.64 $952.00 A4...
Store
Monthly Profit
Monthly Advertising expenditure
A1
$13,593.02
$1,710.00
A2
$23,896.73
$1,983.00
A3
$9,932.64
$952.00
A4
$9,100.41
$1,009.00
A5
$15,220.08
$2,315.00
A6
$33,900.67
$2,197.00
A7
$6,935.36
$934.00
A8
$10,112.62
$2,375.00
A9
$9,155.14
$1,065.00
A10
$8,513.94
$812.00
A11
$7,933.25
$1,052.00
A12
$11,388.13
$2,234.00
A13
$26,299.72
$2,962.00
A14
$21,423.87
$1,699.00
A15
$21,430.21
$1,991.00
A16
$19,984.96
$2,181.00
A17
$11,575.09
$1,831.00
A18
$18,900.44
$1,819.00
A19
$21,815.24
$2,394.00
A20
$35,642.73
$2,296.00
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Question B:
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dollars)
Regression Analysis: Demand (in thousands of $) versus
Promo Exp (in hundreds of $)
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error of the Estimate
6.03
Observations
8.00
ANOVA
df
SS
MS
F
Regression
7181.54
Residual/ Error
Total
7
7399.50
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SE...
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Y = {7, 8,
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Y = {7, 8, 9, 12,
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